Taiba Holding announces the update of the two calls for objections to the values of compensation for the disposal of some of the property of Taiba and its subsidiary Arak

Further to the above, on 29/05/1433 H (20/05/2012), Taiba Holding announced the renewal of its objection to the value of the expropriation compensation for the plot of land (5061) for the expansion of the Eastern Square of the Prophet’s Mosque, (Arak), one of the subsidiaries of Taiba Holding, which owns 86.81% of its capital, announced its objection to the value of the expropriation compensation for the two plots of land (2091 and 2092) for the expansion of the western square of the Prophet’s Mosque. On Sunday, 04/04 / 1433H (corresponding to 24/06/2012), the presence of the Minister of Higher Education The date of the two sessions – previously announced – by the lawyer of the good and see you and set a date for the next meeting on Sunday 17/09/1433 H corresponding to 05/08/2012, and will be announced later on any provisions issued in this regard.